Central University of Finance and Economics

WeTrade Group Inc. Announces Change of Board of Directors and Senior Management

Retrieved on: 
Jeudi, septembre 28, 2023

With these changes, the Board of the Company comprises three directors: Mr. Zheng Dai, Mr. Daxue Li and Mr. Xianzhi Liu.

Key Points: 
  • With these changes, the Board of the Company comprises three directors: Mr. Zheng Dai, Mr. Daxue Li and Mr. Xianzhi Liu.
  • Mr. Zheng Dai, 48, is the founder of the Company, co-founder of Qunar.com, and has achieved significant recognition in the field of internet marketing.
  • In 2019, Mr. Dai founded the Company and served as the chairman until his resignation on December 21, 2022.
  • Ms. Lina Jiang, 46, has over 20 years of work experience and has held core management positions at various companies.

China Life Insurance Company Limited Change of President

Retrieved on: 
Vendredi, août 4, 2023

BEIJING, Aug. 4, 2023 /PRNewswire/ -- China Life Insurance Company Limited (the "Company") (NYSE: LFC; SSE: 601628; HKSE: 2628) announced today that due to the adjustment of work arrangements, Mr. Zhao Peng tendered his resignation as the President, an Executive Director and a member of the Strategy and Assets and Liabilities Management Committee of the Company on August 4, 2023, which took effect on the same day.

Key Points: 
  • BEIJING, Aug. 4, 2023 /PRNewswire/ -- China Life Insurance Company Limited (the "Company") (NYSE: LFC; SSE: 601628; HKSE: 2628) announced today that due to the adjustment of work arrangements, Mr. Zhao Peng tendered his resignation as the President, an Executive Director and a member of the Strategy and Assets and Liabilities Management Committee of the Company on August 4, 2023, which took effect on the same day.
  • The Company would like to express its gratitude to Mr. Zhao Peng for his contribution to the Company during his tenure of service.
  • The Company further announced that at the twenty-seventh meeting of the seventh session of the Board of the Company held on August 4, 2023, Mr. Li Mingguang has been appointed as the President of the Company and his qualification as the President of the Company is subject to the approval of the National Administration of Financial Regulation.
  • He was the Chief Actuary of China Life Pension Company Limited and a Director of China Life Asset Management Company Limited.

New Study from Central University of Finance and Economics Examines How Economic Policy Shapes the Effects of Inflation

Retrieved on: 
Jeudi, mars 16, 2023

While high levels of inflation are generally bad for economic growth, inflation at manageable levels can sometimes have beneficial effects, especially in the long-term.

Key Points: 
  • While high levels of inflation are generally bad for economic growth, inflation at manageable levels can sometimes have beneficial effects, especially in the long-term.
  • it is necessary to look at the specific measure of economic prosperity and its effects on the poor and the rich separately.
  • Another key finding of their study is that the economic policy underlying wealth transfer can greatly influence the effect of inflation on output and welfare.
  • Under long-term inflation in a decentralized system, individual risk is low, but the potential to increase economic output is high.

Waterdrop CEO Peng Shen Elected as a Member of the School Affairs Council of HKU Business School

Retrieved on: 
Mardi, février 14, 2023

BEIJING, Feb. 14, 2023 /PRNewswire/ -- On February 9, HKU Business School announced the new membership list for the School Affairs Council.

Key Points: 
  • BEIJING, Feb. 14, 2023 /PRNewswire/ -- On February 9, HKU Business School announced the new membership list for the School Affairs Council.
  • After nomination and voting by HKU Business School's alumni and publicity by the school, Peng Shen, Founder and CEO of Waterdrop, was elected as a member of the School Affairs Council of HKU Business School.
  • Established in 2001, HKU Business School is the youngest and most dynamic member of HKU.
  • Its main organs include the University Board, University Affairs Council, Teaching Affairs Council and School Affairs Council, among which the School Affairs Council takes charge of the school's teaching and other affairs.

Waterdrop CEO Peng Shen Elected as Vice Chairman of Alumni Association of Zhejiang University-The Hong Kong Polytechnic University Joint Center


BEIJING, Dec. 8, 2022 /PRNewswire/ --On December 3, 2022, the Alumni Association of Zhejiang University-The Hong Kong Polytechnic University Joint Center held the second member representative conference, which deliberated and approved relevant work reports and charters, and elected new council members, Vice Chairman and Chairman of the alumni association.

Key Points: 
  • BEIJING, Dec. 8, 2022 /PRNewswire/ --On December 3, 2022, the Alumni Association of Zhejiang University-The Hong Kong Polytechnic University Joint Center held the second member representative conference, which deliberated and approved relevant work reports and charters, and elected new council members, Vice Chairman and Chairman of the alumni association.
  • Peng Shen, Founder and CEO of Waterdrop, was appointed as Vice Chairman of the alumni association.
  • Born in Linyi, Shandong Province, in 1987, Peng Shen graduated from the Central University of Finance and Economics, NEOMA Business School, Tsinghua University, the Hong Kong Polytechnic University, and obtained a doctoral degree from the Hong Kong Polytechnic University.
  • Established in 1937, the Hong Kong Polytechnic University is a public comprehensive research university based in Hong Kong, China.

Overseas interns discover China as a land of opportunities

Retrieved on: 
Jeudi, octobre 27, 2022

"I never expected that I could intern at one of the top five futures companies in China.

Key Points: 
  • "I never expected that I could intern at one of the top five futures companies in China.
  • Batkhaan is one of many international students benefiting from the internship program launched by the China International Youth Exchange Center.
  • The program has been running for two years, and provides great career opportunities for young global talent in China.
  • Now his greatest wish is to explore and discover more about China, and he plans to seek more opportunities to study and work in China, which he describes as his "second home", and try to achieve his dream.

Faraday Future Announces Comprehensive Governance Resolution with Major Shareholders and New Financing

Retrieved on: 
Lundi, septembre 26, 2022

Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (Faraday Future or the Company), a California-based global shared intelligent electric mobility ecosystem company, today announced a comprehensive resolution to its governance dispute with FF Top and the execution of definitive agreements for new financing.

Key Points: 
  • Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (Faraday Future or the Company), a California-based global shared intelligent electric mobility ecosystem company, today announced a comprehensive resolution to its governance dispute with FF Top and the execution of definitive agreements for new financing.
  • The Company announced a binding governance agreement with FF Top Holding LLC (FF Top), which resolves a range of issues concerning governance.
  • The resolution of governance and related issues with our largest shareholder is a major accomplishment and an important step forward for Faraday Future and all our stakeholders.
  • We appreciate all parties efforts in reaching this agreement, said Dr. Carsten Breitfeld, Global CEO of Faraday Future.

FF Top, A Major Stockholder of Faraday Future, Reached an Agreement Regarding Governance Restructuring with Faraday Future and Facilitated up to $100 Million New Financing

Retrieved on: 
Lundi, septembre 26, 2022

FF Top believes this governance restructuring will help FFIE to get through its recent difficulties, obtain large-scale financing and complete product delivery.

Key Points: 
  • FF Top believes this governance restructuring will help FFIE to get through its recent difficulties, obtain large-scale financing and complete product delivery.
  • As the largest stockholder of FFIE with more than 35% voting rights, FF Top welcomes the FFIE's board of directors' decision to support the governance restructuring.
  • This follows FFIE's recent receipt of new and accelerated commitments from ATW up to 40 million, which FF Top supported with a voting agreement.
  • FF Top is a company whose majority is indirectly held by FF Global Partners LLC ("FF Global Partners ").

Xinhua Silk Road: China int'l services trade fair reflects strong attraction of Chinese market for foreign investment

Retrieved on: 
Mardi, septembre 13, 2022

BEIJING, Sept. 13, 2022 /PRNewswire/ --During the 2022 China International Fair for Trade in Services (CIFTIS) which was concluded in Beijing on Monday, many international enterprises signed cooperation agreements with China to deepen cooperation in service trade, reflecting the strong attraction of the Chinese market for foreign investment.

Key Points: 
  • BEIJING, Sept. 13, 2022 /PRNewswire/ --During the 2022 China International Fair for Trade in Services (CIFTIS) which was concluded in Beijing on Monday, many international enterprises signed cooperation agreements with China to deepen cooperation in service trade, reflecting the strong attraction of the Chinese market for foreign investment.
  • As one of the world's largest and most comprehensive fairs for trade in services, the 2022 CIFTIS has achieved fruitful results in boosting international cooperation.
  • During the Fair, Air China and the British engineering giant Rolls-Royce announced to set up a new joint venture of engine maintenance, repair, and overhaul (MRO) in Beijing, with a registered capital of 190 million U.S. dollars.
  • U.S. tech giant Qualcomm, which has entered Chinese market for more than 25 years and has participated in three services trade fairs, has brought an application scenario of "Gongti Metaverse" combining Qualcomm's separation rendering technology and China Mobile's 5G network slicing technology.

Xinhua Silk Road: China int'l services trade fair reflects strong attraction of Chinese market for foreign investment

Retrieved on: 
Mardi, septembre 13, 2022

BEIJING, Sept. 12, 2022 /PRNewswire/ --During the 2022 China International Fair for Trade in Services (CIFTIS) which was concluded in Beijing on Monday, many international enterprises signed cooperation agreements with China to deepen cooperation in service trade, reflecting the strong attraction of the Chinese market for foreign investment.

Key Points: 
  • BEIJING, Sept. 12, 2022 /PRNewswire/ --During the 2022 China International Fair for Trade in Services (CIFTIS) which was concluded in Beijing on Monday, many international enterprises signed cooperation agreements with China to deepen cooperation in service trade, reflecting the strong attraction of the Chinese market for foreign investment.
  • As one of the world's largest and most comprehensive fairs for trade in services, the 2022 CIFTIS has achieved fruitful results in boosting international cooperation.
  • During the Fair, Air China and the British engineering giant Rolls-Royce announced to set up a new joint venture of engine maintenance, repair, and overhaul (MRO) in Beijing, with a registered capital of 190 million U.S. dollars.
  • U.S. tech giant Qualcomm, which has entered Chinese market for more than 25 years and has participated in three services trade fairs, has brought an application scenario of "Gongti Metaverse" combining Qualcomm's separation rendering technology and China Mobile's 5G network slicing technology.